Today USOIL touched perfecly, to the pip, the long term trendline. I have been waiting for this moment in the recent decline. I will try to go long tomorrow with tight stops if the trendline is not broken by then.
I believe we will see the DXY rise and EURUSD fall until the 23rd of April and the first round of the French elections. Both would then complete their respective fifth waves. The vertical lines are the first and the secend round of elections. It might be that if Le Pen wins, the EUR will fall further and DXY rise substantially higher.